fertility. The model is a three-period CGE framework where the design of the education system and effects on factor prices are … optimal if the education system has a fixed benefit rate. This design of education and pension systems assures that …

question, further action is necessary. The IZA concept includes the following elements: (1) Education reform: Early childhood … education must be improved. Social background should no longer determine future career prospects. More independence and … competition between schools and universities would improve the quality of education. Selection of students into different …